CieloStar Partners with HCC Life Insurance

CieloStar reported that it has joined forces with HCC Life Insurance to extend the private healthcare exchange concept to the self-funded marketplace.

CieloStar said the "HCC Self-funded Private Exchange" will offer an exclusive pricing arrangement that allows selected HCC Partner Brokers, Benefit Consultants, and Third Party Administrators to offer self-funded employers access to the most effective benefits management private exchange available at a fraction of the cost of providing these services by other means.

"Self-funded health plans have long since offered employers a level of flexibility and predictability that fully insured plans haven't," said William Mehus, Executive Chairman of Cielostar. "Our partnership with HCC now adds Cielostar's BenefitReady program and our reliable technology to the self-funded marketplace in the most cost-effective way possible."

CieloStar is a nationwide healthcare benefit distribution, private health exchange and payment technology company.

HCC Life Insurance provides insurance products, including medical stop loss, group term life insurance and short term medical insurance, backed by its parent company, HCC Insurance Holdings.

More information and complete details:

www.cielostar.com

www.hcc.com/life

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